16/04/2026
📢 Gift Card Tax Rules Have Changed
Earlier this month, from 1 April 2026, all employer-provided gift cards and vouchers are treated as taxable benefits.
This means:
• FBT applies to all gift cards, regardless of type
• The previous $300 exemption no longer applies
• These benefits are now taxed from the first dollar
If your business provides staff incentives or rewards through gift cards, it’s important to understand how these changes affect your obligations.
If you’re unsure how to apply this, we’re here to help.
Read more: https://www.ird.govt.nz/updates/news-folder/2026/fringe-benefit-tax-fbt-changes-now-in-effect
